Gas to dominate the GCC’s power sector

Gas demand by the GCC’s power sector is set to grow over the coming years despite plans to diversify the region’s power-generation mixGas demand by the GCC’s power sector is set to grow over the coming years despite plans to diversify the region’s power-generation mix.

Combined gas-fired power plant. Gas will remain the dominant fuel in the GCC’s power domain for the foreseeable future. (OMV)

The demand for power is rising in the Gulf Cooperation Council (GCC) countries, boosting the need for gas from the region’s utilities. The six GCC member countries – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – are also under pressure to use less oil to generate power. This is because the price of the fuel is still low and the GCC’s members need to increase their revenues from oil exports. Although the GCC plans to promote renewables in its power sector,...

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